Haven’t you heard? China is collapsing the same collapse that the west has been wrongly predicting since the 90s…
Western economists keep doing the “Ah! Well. Nevertheless, ” thing about Chinas economy that Libs do regarding Trump’s legal Teflon.
“They can make cheap junk, but can’t compete with high tech manufacturing” - they are now better at high tech manufacturing.
“They’re building railway infrastructure they can’t afford” - they could afford it and now their railways are world leading.
“Their housing market is a bubble” - they just nationalised the companies and make houses for homes not for commodities
“They can compete on high tech manufacturing but not do their own designs” - their own designs are now eating western designers markets (electric cars anyone?)
“Western investment in china is drying up, which will slow their advances” - Chinese state investment makes up the slack
“Global demand is slowing” - the domestic market is growing
Lol. Lmao even. Chinese trade with Africa is at an all time high and growing rapidly.
Haven’t you heard? China is collapsing the same collapse that the west has been wrongly predicting since the 90s…
Western economists keep doing the “Ah! Well. Nevertheless, ” thing about Chinas economy that Libs do regarding Trump’s legal Teflon.
“They can make cheap junk, but can’t compete with high tech manufacturing” - they are now better at high tech manufacturing.
“They’re building railway infrastructure they can’t afford” - they could afford it and now their railways are world leading.
“Their housing market is a bubble” - they just nationalised the companies and make houses for homes not for commodities
“They can compete on high tech manufacturing but not do their own designs” - their own designs are now eating western designers markets (electric cars anyone?)
“Western investment in china is drying up, which will slow their advances” - Chinese state investment makes up the slack
“Global demand is slowing” - the domestic market is growing
Etc… etc… etc…